Vimeo’s layoffs raise dire concerns about what happens to the vast archive of videos the platform has hosted for two decades.
Employees reported major job cuts this week, just months after the video hosting site was bought by Bending Spoons.
Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.
Vimeo is letting go of a significant number of employees worldwide following its $1.38 billion acquisition by Italian ...
Bending Spoons purchased the video platform for $1.38 billion last year.
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